Eligible Custodian definition
Eligible Custodian means any bank or financial institution whose business includes the provision of custodial services and which (i) is incorporated, domiciled and regulated as a custodian in an OECD country, (ii) has a rating equal to the Eligible Custodian Threshold Rating or higher (or the equivalent rating from any other Rating Agency) and (iii) is a member of the Relevant Association.
Eligible Custodian means any bank or financial institution whose business includes the provision of custodial services and which (i) is incorporated, domiciled and regulated as a custodian in an OECD country, (ii) has a rating equal to the Eligible Custodian Threshold Rating or higher (or the equivalent rating from any other Rating Agency) and (iii) if the Posted Collateral comprises Gold, is an LBMA member, if applicable.
Eligible Custodian. A custodian that satisfies, mutatis mutandis, the eligibility requirements set out in Section 6.8.
Examples of Eligible Custodian in a sentence
Any successor custodian must be an Eligible Custodian that is a Securities Intermediary.
More Definitions of Eligible Custodian
Eligible Custodian means any suitably qualified person whose appointment as the Custodian under this Agreement will not adversely affect the rating assigned to any Notes by a Designated Rating Agency.
Eligible Custodian means (subject to rule 4.2(d)) —
Eligible Custodian means a third party (including an Associate) appointed by
Eligible Custodian means the financial institution with which the Administrative Vendor has an agreement in place to facilitate Services for the Employer.
Eligible Custodian means a reputable bank or other financial institution which the Issuer reasonably determines is capable of acting in a manner consistent with the standards and practices of a professional
Eligible Custodian means a bank having the qualifications prescribed in Section 26(a)(1) of the Act, or an Eligible Foreign Custodian.
Eligible Custodian means a third-party custodian (or its nominee company) who the nominated entity selects under the FCA Rules to register your investments with